Social Classes Are Relatively ________ and Ordered Divisions in a Society

question 164

Short Answer

Social classes are relatively ________ and ordered divisions in a society whose members share similar values,interests and behaviours.

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Definitions:

Revised Amounts

Adjusted figures in financial statements or budgets to reflect changes from previously reported or estimated numbers.

Straight-Line Method

A method of calculating depreciation for an asset, spreading the cost evenly over its useful life.

Depreciation Expense

It is an accounting method of allocating the cost of a tangible asset over its useful life.

Residual Value

The estimated amount that an asset will realize upon its disposal at the end of its useful life.